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Faradays Nottingham

Pubs & Bars • 44-48 Pelham Street / 23-27 Victoria Street, Nottingham, Nottinghamshire NG1 2EW Management opportunity
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Summary

Faradays is a vibrant and high-profile city-centre venue in the heart of Nottingham, occupying a premium corner plot in Nottingham’s famous Lace Market area.

Description

Faradays is a vibrant and high-profile city-centre venue in the heart of Nottingham, occupying a premium corner plot in Nottingham’s famous Lace Market area. With its two floors, premium feel, and great reputation, this is a standout site for high-volume drinks trade and excellent quality food. Serviced by Nottingham’s newly installed tram system, The Faradays enjoys unbeatable footfall from shoppers, professionals, students, and night-time revellers. Its versatile layout makes it ideal for everything from chilled lunches to late-night revelry. This venue has massive potential for a dynamic operator to build on its success and shape the next chapter of this flagship site, offering an excellent opportunity for anyone interested in city centre trading. Key Features • Prime location in Nottingham’s busy shopping area • Large trading area set over 2 floors • Well-equipped main bar and servery • Trade kitchen  • External Drinking Area Business & Financial Information • Estimated ingoings (upfront): £25,795 • Full deposit: £25,000 • Agreement fee: £795 • Guide rent (weekly): £1,923 • Guide rent (annual): £100,000 • Forecast turnover (weekly): £28,720 • Forecast turnover (annual): £1,493,448 Ideal Operator The ideal operator for Faradays will be an experienced, city-centre licensee with a proven track record in managing a food-driven venue, equally at home with all-day shoppers and late-night revellers. You’ll be confident leading large teams, maintaining operational excellence, and creating the kind of vibrant, welcoming atmosphere that keeps guests coming back week after week. You’ll know how to appeal to students, young professionals, and visitors, balancing day trade with a buzzing evening and weekend scene. Experience in city centre trading will be a huge advantage — helping you build momentum and establish Faradays as a true destination venue in Nottingham. Private Accommodation Private accommodation is available and this consists of 2/3 bedrooms, a lounge, a kitchen and a bathroom.  Regional Manager's Thoughts The site has so much potential for a new operator to put their stamp on the food and drink offering at this pub and grow sales even further from where they are now, utilising local knowledge to capitalise on the surrounding market. Surrounding Area Nottingham’s pub and bar scene is bold, buzzing, and brilliantly diverse — a city where traditional local pubs sit side by side with stylish city-centre venues, sports bars, and late-night party spots. Fuelled by a huge student population, a loyal local audience, and a steady flow of tourists, it offers operators a wealth of customers to serve. The city’s reputation for authentic hospitality, live entertainment, and vibrant nightlife makes it one of the Midland’s most exciting and competitive markets. The most successful venues here thrive by combining great atmosphere, all-day appeal, and distinctive character — exactly what makes Faradays such a compelling opportunity.

Upfront cost

£25,795
Cost type: Upfront

Key facts

Upfront cost
£25,795
Turnover (annual)
£1,493,448
Rent
£100,000 (annual)

Location

44-48 Pelham Street / 23-27 Victoria Street, Nottingham, Nottinghamshire NG1 2EW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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